Toyota GB has said that its UK franchised car retail network will remain “the expert point of contact” for car buyers after launching an online sales solution this week.
The number one spot in UK car retail sector’s classified advertising space continues to be the key target for Car Gurus – with market leading return on investment (ROI) seen as the catalyst for success.
The UK Government is on the hunt for a sprawling industrial site to accommodate a Tesla electric vehicle (EV) “Gigafactory”, according to reports this week.
Auto Trader has invested in a multi-million-pound marketing campaign to help re-ignite the car industry when lockdown restrictions lift at the start of June.
Renault has laid out plans to implement 14,600 job cuts as it reduces its global vehicle production output by 17.5% in a bid to save £1.8 billion by 2024.
More than 40% of franchised car retailers think manufacturers could be doing more to help, AM's research showed
Pendragon has completed a £10.5 million “sale and leaseback” deal for its Porsche Centre car dealership site in Stockport.
The UK car manufacturing sector could suffer a £12.5 billion loss due to production lost during the COVID-19 coronavirus pandemic's enforced lockdown period.
Advertisement feature from GardX
As lockdown eases, dealers returning to trading on June 1 are likely to prompt a ‘step change’ in online motor retail, says iVendi.
Vertu Motors employees across the UK have achieved their fundraising target of £20,000 by donating the cost of their haircuts to NHS charities.
Steve Le Bas, head of motor retail at advisers and accountants BDO, shares his views on some of the likely developments ahead for car dealers after UK society comes out of the COVID-19 national lockdown.
Lexus’s franchised retail network has taken the Japanese premium car brand to the top of a What Car? ranking of the UK’s top car service and maintenance providers.
Mazda UK sales director Peter Allibon has said that 2020 new car registrations forecasts have had to rely on some “fairly major assumptions” on what can be achieved by retailers before the end of the year.
Dealers should expect an increase in haggling when they open showroom doors next week as car buyers are demanding discounts on their next car.
Conversion rates are expected to rise as dealerships face strict limits on the number of sales appointments they can handle in a day when showrooms start to reopen from June 1 following the easing of the Coronavirus lockdown.
Nissan is set to close its Barcelona plant as it consolidates its European manufacturing operations in Sunderland as part of cost-saving measures designed to achieve a 5% profit margin within four years.
The Health and Safety Executive (HSE) has warned that building closure or reduced occupancy can increase the risk of Legionnaires’ disease.
Almost 1.1 million unroadworthy vehicles are set to return to the roads as lockdown begins to ease, according to new research by Kwik Fit.
LSH Auto UK has converted its Manchester Central Mercedes-Benz site into a used car ‘Centre of Excellence’.
Volvo has started accepting orders for its first fully electric car, the XC40 Recharge EV.
Volvo Car UK is pushing to deliver a contactless app-based aftersales payment facility for customers as it continues to digitise its franchised car retail network.
Richmond Motor Group has completed the acquisition of Newmans Southampton and revealed plans to grow its business with the opening of four more dealerships in the next 18 months.
Big Motoring World Group has revealed a 43% growth in turnover and a 34% increase in pre-tax profits in a statement detailing the successes of its performance in 2019.
Progress Suzuki owner Terence Byrne has said that the UK’s automotive retail sector “will flourish again” following the COVID-19 coronavirus crisis – just days after his business went into liquidation.
Caffyns has praised its employees' response to the COVID-19 crisis as “outstanding” as it revealed the mitigation measures taken by the business in a trading update published this morning (May 27).
The French Government will offer car buyers grants of over £6,000 and drive domestic vehicle manufacturing through a £7.1 billion COVID-19 recovery package for its automotive sector.
Auto Trader has announced that it will resume charging car dealers for its online classified car adverts from June 1 – with a 25% discount during their first month of showroom trading.
Arnold Clark-owned Autoparts UK has implemented strict social-distancing measures throughout its headquarters in Glasgow, after recently reopening its branches.
Car dealers that plan to reopen their showrooms on June 1 must adhere to the UK Government’s recovery strategy guidance and remain ‘COVID-19 Secure’
